Proactive Investors
03 Jun 2026, 12:49 UTC · 1h ago
Digi Power X commits $35M to NVIDIA's next-gen Vera Rubin platform to expand GPU cloud business
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Proactive Investors
03 Jun 2026, 12:49 UTC · 1h ago
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Story key points
5 claims · impact-rated
Digi Power X has committed $35 million to acquire NVIDIA's next-generation Vera Rubin systems for its NeoCloudz platform. — Significant capital expenditure on cutting-edge hardware indicates aggressive scaling and a bet on future AI demand.
+0.60The company began recognizing its first AI-related revenues in mid-May 2026 following the deployment of NVIDIA B200 and B300 GPUs. — Transitioning from a build-out phase to a revenue-generating phase is a critical valuation milestone for infrastructure companies.
+0.50Digi Power X signed a 24-month bare metal GPU rental agreement with SubQ AI. — Provides tangible proof of commercial demand and recurring revenue streams for the GPU-as-a-Service platform.
+0.40Continue reading
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The company's Alabama AI data center Phase 1 (15 MW) is targeted for service by December 15, 2026, with full 40 MW deployment by Q1 2027. — Concrete timelines for capacity expansion provide a roadmap for future growth and operational scale.
Digi Power X reports approximately $150 million in cash and cash equivalents, funding its expansion from existing resources. — Strong liquidity reduces the immediate need for dilutive financing to fund capital expenditures.
+0.20Ticker attribution
Model heads
The company is expanding its AI infrastructure, reporting first AI-related revenues, and securing a significant commercial rental agreement.
The company's hardware is being adopted and scaled by Digi Power X, confirming demand for its next-generation Rubin systems.
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